Nvidia in talks to guarantee $250B for OpenAI data center, expanding role beyond chip supplier

Nvidia is in discussions to act as a credit wrapper for a $250B financing package for OpenAI's 10GW Ohio data center, with SoftBank developing. This marks a new dimension of Nvidia's AI infrastructure involvement—from chip supplier to financial guarantor—deepening the OpenAI relationship and underscoring hyperscaler capex acceleration. The deal would be a massive test of AI capex sustainability but also a strong signal of Nvidia's confidence in long-term demand.